The ________ indicates both the strength and direction of the linear relationship between the independent and dependent variables
A) regression intercept
B) regression slope
C) coefficient of determination
D) correlation coefficient
D
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Which of the following did the authors suggest as a strategy for monitoring the appropriate price for your product?
a. testing the effect of price changes on demand for the product b. lowering the price as sales drop c. adjusting the price relative to the increase or decrease of the cost of goods to produce it d. examining competitor prices
Answer the following statement(s) true (T) or false (F)
1. Both the formal organization and the informal organization are displayed on the organizational chart. 2. Informal organizations exist in every business. 3. A formal organization is represented in the company’s organization chart. 4. A formal organization is seen as the human side of the company. 5. An organizational chart shows authority, responsibility, whom subordinates report to, and exact communication patterns.
The requirements of a contract include
a. a statement that the contract is not voidable b. a promise of enforceability c. a precedent d. agreement, consideration, and other elements
David purchased a deli shop on February 1st of last year and began to operate it as a sole proprietorship. David reports his personal taxes using the cash method over a calendar year, and he wants to use the cash method and fiscal year for his sole proprietorship. He has summarized his receipts and expenses through January 31st of this year as follows: ReceiptsExpensesFebruary through December last year$112,000$84,500January this year10,4006,200What income should David report from his sole proprietorship?
What will be an ideal response?